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HCLTech joins Meta, IT ministry programme to help India XR start-ups

Programme helps companies working in augmented reality, virtual reality, mixed reality

US may ban lawmakers from trading on Street, new poll shows public support

The bill from Sens. Kirsten Gillibrand (D, NY) and Josh Hawley (R, Mo) is the latest in a series of measures to be introduced in Congress in response to WSJ's Capital Asset series last year

HDFC Bank CEO Jagdishan took 62% pay hike at Rs 10.55 crore in FY23

Deputy MD Kaizad Bharucha's remuneration surged 41% to Rs 10.03 cr

Federal Bank board to consider fundraising via issue of preference shares

Lenders plans issuing 72.6 mn such shares to International Finance Corporation

IPO of Netweb Technologies garners more than 90 times subscription

The IPO consists of a fresh fund raise of Rs 206 crore and an offer-for-sale of Rs 425 crore

Surat bourse pips Pentagon as the world's largest office building

According to architects, it comprises over 7.1 million square feet of floor space. It took four years of construction work, which was twice hampered by Covid-related delays

Beyond Hindenburg: Gautam Adani talks up 'matrabhumi', major projects

Group confident of its governance and disclosure standards, says billionaire in address to shareholders

GQG Partners acquires 5.96% stake in Patanjali Foods via offer of sale

The floor price for the deal was kept at Rs. 1,000 per share but the allotment to non-retail investors was done at a share price of Rs. 1,103.80.

Will go back to GST Council to reconsider tax on online gaming: MoS IT

The GST Council on July 11 decided to impose 28 per cent tax on full face value of bets in online gaming, casinos and horse trading

TN calls topping export preparedness index proof of its pro-biz climate

Tamil Nadu's electronics exports posted almost a two-fold increase in electronic exports from $1.86 billion in 2021-22 to $5.37 billion in 2022-23

Need to grow at 7.6% to be a developed nation by 2047-48, says RBI

Sustainable path to development requires investment in physical capital & comprehensive reforms across sectors covering education, infrastructure, healthcare & technology to raise productivity: Study

Merged HDFC Bank mcap settles at $154.2 bn; 7th most valuable bank globally

Monday was the first day when the 3.11 billion new shares of HDFC Bank issued to shareholders of erstwhile Housing Development Finance Corp (HDFC) commenced trading

Netweb Technologies IPO subscribed more than 2 times on first day of issue

Netweb has set Rs 475-500 as the price band for its maiden share sale. At the upper end of the price band, the company is valued at Rs 2,803 crore, nearly 60 times on FY23 earnings

Shares of Angel One tank following action by National Stock Exchanges

NSE said the action against Angel One was for failing to monitor the operations of its APs, which resulted in alleged violation of capital market regulations

Karur Vysya Bank Q1 net surges 57% to Rs 359 cr, sharp improvement in NPAs

Operating profit up 36% to Rs 648 cr, net interest income rises 20% to Rs 897 crore

HDFC Bank net profit rises 30% in June quarter on steady loan growth

NII for the quarter grew 21.1% while the core net interest margin was 4.1% on all assets

Ashok Leyland bags orders worth Rs 800 cr to supply defence vehicles

Company will deliver to the Indian Army field artillery tractor and gun-towing vehicle

North India floods: Irdai asks insurance firms to settle claims quickly

The regulator said insurers have been advised to communicate the nomination of a Senior Executive in each affected State / UT to the Chief Secretary/ Officer concerned of the State immediately

NSE raps Angel One for lapses, slaps Rs 1.67 crore monetary penalty

Angel One has said NSE's order does not affect the existing business or the activities of the APs affiliated with the company

See my role as non-exec board member, a strategic shareholder: Uday Kotak

His term as MD & CEO of Kotak Mahindra Bank ends on December 31, 2023